Business Services Industry
BigStar Entertainment Moves to OTC Bulletin Board
Business Wire, Jan 17, 2001
Business & Entertainment Editors
NEW YORK--(BUSINESS WIRE)--Jan. 17, 2001
BigStar Entertainment Inc. (OTCBB:BGST) today announced that its common stock, previously traded on the Nasdaq National Market, commenced trading today on the OTC Bulletin Board.
Nasdaq's decision to delist the company is based on the bid price of the company's common stock closing below $1.00 for 30 consecutive trading days.
About BigStar Entertainment
BigStar Entertainment Inc. operates bigstar.com, a leading Shop-A-Tainment(TM) destination site, based on internal analysis of traffic, sales and other metrics. bigstar.com is exclusively dedicated to filmed entertainment products, selling over 45,000 videos and digital video discs (DVDs). BigStar's offering of more than 8,000 movie trailers, served through its BigStar Broadband Theater, is among the largest on the Internet.
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